Tranche Update on SPS Commerce, Inc.'s Equity Buyback Plan announced on July 27, 2022.
April 25, 2024 at 09:13 pm
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From January 1, 2024 to March 31, 2024, the company has repurchased 109,480 shares, representing 0.3% for $20 million. With this, the company has completed the repurchase of 134,742 shares, representing 0.37% for $22.99 million under the buyback announced on July 27, 2022.
SPS Commerce, Inc. is a provider of cloud-based supply chain management services that supports retailers, grocers, distributors, suppliers, and logistics firms to communicate and collaborate by simplifying how they manage and share item, order, and sales data across omnichannel retail channels. The Company's products include Fulfillment, Analytics and Other products. Fulfillment product is a full-service electronic data interchange (EDI) solution that scales as a business grows. Analytics product enables organizations to improve visibility into how products are selling through a single connection across all sales channels, including wholesale, eCommerce, and marketplaces. The Company provide several complementary products, such as assortment, and community. In addition to these offerings, it also provides one-time services such as professional services and testing and certification. It provides supply chain digitalization including EDI and e-invoicing in Europe and the United States.
SPS COMMERCE, INC. 
